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How To Earn $500 A Month From Macy's Stock Ahead Of Q1 Earnings

1. Macy’s will report Q1 earnings on May 28, expecting 14 cents EPS. 2. Estimated revenue is $4.5 billion, down from $4.85 billion last year. 3. Morgan Stanley lowered Macy’s price target from $14 to $12. 4. Macy’s offers a dividend yield of 6.31%, attracting income-seeking investors. 5. Macy’s shares dropped 2.9% to $11.57 on Friday.

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FAQ

Why Bearish?

Analysts expect declining earnings and revenue, leading to potential further stock drops.

How important is it?

Negative earnings projections and lowered price targets can significantly impact investor perceptions.

Why Short Term?

Earnings results will directly affect investor sentiment and stock price.

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